Girl holding U.S. $100 bills

Biden Bets Big on $1.9 Trillion Stimulus

The $1.9 trillion stimulus bill passed Congress and is now law. President Biden has promised even more stimulus. And while $1400 stimulus payments may sound good, a March 13, 2021 article in The Economist: “Biden’s Big Gamble,” raises the right question: will adding more debt provide the desired stimulus to the American economy or will it backfire with high interest …

Building under construction at sunset

America Questioning the Value of Philanthropy

Our nation is wrestling with what value we place on private giving and philanthropic institutions. Lawmakers are questioning the tax-exempt status of churches and charities, there are calls for cuts to charitable deductions, and more. Philanthropists and major foundations are currently advocating for legislative action to accelerate the flow of funds from private foundations and donor advised funds. On the …